Submit a Business Plan
Think your venture might be a good fit for our portfolio? Read on for more information about our eligibility and submission requirements.
Eligibility Requirements: We consider both nonprofit and for-profit ventures. To be eligible for consideration, ventures must:
- Present an opportunity to produce significant, measurable outcomes for K-12 public education in the United States;
- Be scalable (able to expand its reach over time), with the potential to impact thousands, hundreds of thousands, or millions of students;
- Be sustainable (self-perpetuating and lasting), so that its impact will intensify with time. Sustainability should be demonstrated through a sound revenue model and/or clear and credible funding plans;
- Be led by passionate entrepreneurs who have expertise in education and business management and the wherewithal to execute the venture's vision;
- Clearly benefit from NewSchools’ participation;
- Fit with our current investment strategy
Submission Requirements: We accept business-plan submissions year-round for both nonprofit and for-profit ventures. To be considered for funding, please click here to submit a brief business plan that describes your venture, including financials. Business plans must include three components:
- Executive summary, which should be five to ten pages long, and should include—but need not be limited to—the following information:
- Mission/vision
- Description of the product or service to be provided
- Description of the market/population to be served
- Strategy for accomplishing mission
- Description of the management team and their backgrounds
- Financial information, which should include, at minimum:
- Demonstration of a sound, credible, and sustainable revenue model and/or credible, sustainable funding plan (including detailed historical financials, if any, plus a 3-5 year financial projection).
- Documentation of corporate status (for-profit or nonprofit)
- Estimate of the amount of capital needed
- Explanation of what the funds will be used to accomplish
- Contact information, which should include:
- Primary contact name
- Email address
- Telephone number
- Fax number
- Mailing address
You can expect to hear back from us within eight weeks.